Kotak Bank Shares Gain 4% as Q2 Rise 25%, Deposits Jump 23%

shares gained around 4%, touching ₹431 on the NSE, after the private sector lender reported strong provisional business numbers for Q2 FY27. The bank’s net advances increased nearly 25% YoY to ₹5.77 lakh crore, reflecting robust credit growth during the July–September quarter. Total deposits also maintained strong momentum, rising more than 23% YoY to ₹6.51 lakh crore. Meanwhile, CASA deposits grew around 11% YoY to ₹2.49 lakh crore, indicating continued traction in the bank’s low-cost deposit base. The strong quarterly business update boosted investor sentiment and supported buying interest in the stock. In a key management development, Anup Kumar Saha has been appointed as the bank’s new Managing Director & CEO, with his tenure scheduled to begin from January 1, 2027. 📌 Market View: Strong loan and deposit growth provide a positive signal for the bank’s business momentum. Investors will now track margins, asset quality, deposit costs and profitability in the upcoming quarterly results. Investment in securities market are subject to market risks. Read all the related documents carefully. #CapitalInvestoResearch #KotakMahindraBank #KotakBank #BankingStocks #PrivateBanks #Q2FY27 #BusinessUpdate #StocksInFocus #StockMarket #NSE #BSE #BankingSector #IndianStockMarket #MarketNews #EquityMarket